• Title/Summary/Keyword: Business Research

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A Study on the Effects of Small Enterprise Start-up Preparatory Factors on Business Performance

  • Kim, Seung-Hee;Kim, Young-Ki;Choi, Shin-Hea
    • The Journal of Industrial Distribution & Business
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    • v.8 no.5
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    • pp.23-33
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    • 2017
  • Purpose - The present study aims to examine the relationship between small enterprise start-up preparatory factors and increases in sales and operating profits, which are business performances utilizing the National Survey of Actual Conditions of Small Enterprises conducted by the Small Enterprise, Market Service. Research design, data, and methodology - Start-up preparatory factors were divided into six types; business type, start-up history, start-up motives, preparatory periods, and start-up funds to figure out the relationship between sales and operating profits with regression analyses. Regression analyses were conducted based on the foregoing with a view to identifying the effects of start-up preparatory factors on business performance. Results - Since start-up preparatory factors generally affect business performance, it was identified that start-up preparatory factors importantly affect operating profits and sales, which are business performances. However, start-up preparatory periods and the implementation of education among preparatory activities were shown to have no effect on business performances, and the effect of the ratio of start-up fund provided by the founder on operating profits was shown to be not significant. Conclusions - The present study comprehensively examined those start-up preparatory factors that have positive effects on business performances after start-up. The present study is meaningful in that it can provide positive implications for efficient start-up of small enterprises hereafter.

Factors Affecting Business Performance of Construction Enterprises Listed on Vietnam Stock Markets

  • DANG, Thanh Cuong;TRINH, Thi Hang;BANH, Thi Thao;NGUYEN, Thi Yen
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.49-59
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    • 2022
  • Based on assessing the impact of factors on the business efficiency of construction enterprises, the research team proposes policy implications to improve the business performance of listed construction enterprises in Vietnam in the coming time. The study used secondary data collected from the audited financial statements of 25 enterprises listed on Vietnam's stock market in the period 2015-2021 to estimate the factors affecting the business performance of construction enterprises. After collecting, the data will be encrypted and checked. The article uses a quantitative research method by using a linear regression model on Eviews 10 to analyze the data and analyze the impact of factors on the business performance of construction enterprises listed on Vietnam's stock market. The research result shows that firm size and growth rate positively affect business performance while capital structure, receivable management, fixed asset investment, and economic growth have a positive impact on the business performance of construction companies listed on the Vietnamese stock market. Based on this result, the paper also makes recommendations to the Vietnamese construction companies to enhance their business performance.

A Case Study on Business Continuity following the Establishment of a Soho Fashion Shopping Mall: Longitudinal Research (소호패션쇼핑몰 창업 후 사업지속에 대한 사례연구: 종단적 연구를 중심으로)

  • Mi Young Son
    • Human Ecology Research
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    • v.62 no.1
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    • pp.1-13
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    • 2024
  • This study analyzed the current operational status, business continuity, and business continuity strategies of 11 Soho fashion shopping malls through a longitudinal case study (2019/2020 and 2022/2023). The aim was to determine how Soho fashion shopping malls are continuing their business having been successfully established in the fiercely competitive current online fashion market. Regarding changes in shopping mall operation status, all cases displayed changes in items, distribution channels, marketing channels, core values, and profit structures. After establishing the businesses, a crisis arose due to the COVID-19 pandemic, leading to difficulties in creating new customers. Moreover, there was excessive business expansion, resulting in saturation of the online platform store market. This meant companies were experiencing reduced sales (5) or difficulties in maintaining their business (3). However, there were differences in the direction of overcoming the crisis and continuing or converting the business. These revealed that to continue the business after successful establishment of an online fashion shopping mall, it is essential to have the expertise of entrepreneurs, work performance, and marketing ability, as well as differentiation capabilities such as product power and management strategy and core competitiveness that provides a relative advantage over other shopping malls. Customized government support at the level of the start-up ecosystem is also essential for the survival and business continuity of a SOHO online fashion shopping mall with poor human and material resources.

Internal Control Effectiveness and Business Survival: Evidence from Thai Food Businesses

  • PHORNLAPHATRACHAKORN, Kornchai;NA KALASINDHU, Khajit
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.927-939
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    • 2020
  • This study aims at investigating the effects of internal control effectiveness on business survival of food businesses in Thailand through the mediators of productivity improvement and value creation. In this study, 155 food businesses in Thailand are the samples of the study. The results show that internal control effectiveness has a significant influence on productivity improvement and business survival. Productivity improvement critically affects value creation and business survival while value creation is an important determinant of business survival. However, internal control effectiveness has no relationship with value creation. Also, productivity improvement explicitly mediates the internal control effectiveness-business survival relationships. In summary, internal control effectiveness can enhance firms' sustainable competitive advantage, superior performance and long-term survival. Firms need to focus on internal control effectiveness through investing their assets and resources and utilizing their abilities, competencies and capabilities in order to continuously develop and improve their appropriate concepts and characteristics in an organization. Better internal control effectiveness definitely leads to more long-term survival. To generalize the research results, future research needs to collect data from other businesses and industries. Increased response rate of the study is important for future research to verify and confirm the research results.

A Study on Development of ebXML-compliant e-business systems (ebXML 환경에서의 e-비즈니스 시스템 개발에 관한 연구)

  • Han, Woo-Yong;Ha, Young-Gook;Kang, Sang-Seung;Park, Chun-Soo;Sohn, Joo-Chan;Kang, Jee-Hwoon
    • Proceedings of the Korea Information Processing Society Conference
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    • 2002.11c
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    • pp.2239-2242
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    • 2002
  • 현재 인터넷상에서 기업간(B2B) 비즈니스를 수행하는 많은 기업들은 자신들의 비즈니스 시스템들이 타 기업의 비즈니스 시스템과 상호운영이 안됨으로 인하여 시장 확장에 많은 어려움을 겪고 있다. 이런 상호운영의 문제점들을 해결하기 위하여 비즈니스 시스템 개발 회사들과 이용 회사들은 비즈니스 시스템들의 상호운영을 위한 e-비지니스 공용 프레임워크의 표준 스펙인 eCo와 ebXML, 로제타넷 스펙들을 개발하여왔다. 본 논문은 ebXML 환경에서의 e-비즈니스 응용 시스템 개발에 필요한 BPSD(Business Process Specification Document)과 비즈니스 프로세스 처리 엔진 개발 방법 및 CC(Core Coponents) 기반의 XML 비즈니스 문서 저작 도구의 구현에 필요한 스펙의 분석 및 설계에 대한 내용을 기술하고 있다.

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The Effect of Entrepreneurial Orientation and Talent Management on Business Performance of the Creative Industries in Indonesia

  • MUDJIJAH, Slamet;SURACHMAN, Surachman;WIJAYANTI, Risna;ANDARWATI, Andarwati
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.1
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    • pp.105-119
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    • 2022
  • This study aims to develop a concept based on empirical research on improving optimal business performance. This goal is achieved by examining the relationship between variables of entrepreneurial orientation, talent management, market orientation, and business performance. The construction of the relationship between research variables, namely entrepreneurial orientation, talent management, on business performance is mediated by market orientation on handicraft businesses in Indonesia. The sampling method was used to collect data from 145 businessmen in Indonesia, using surveys and questionnaires. Data was collected using a survey technique carried out from June 2020 to December 2020. The data obtained was analyzed using the PLS Pro 19. This study developed 9 hypotheses that were tested directly, indirectly, and through mediation. This study has five findings. First, Entrepreneurship Orientation does not directly affect Business Performance. Second, Entrepreneurship Orientation also has a significant direct effect on Talent Management and market orientation. Third, Talent Management and market orientation have a direct and significant impact on business performance. Fourth, market orientation mediates the effect of entrepreneurial orientation on business performance. Fifth, talent management mediates the effect of entrepreneurial orientation on business performance. The results show that entrepreneurial orientation mediated by talent management and market orientation can improve creative industry business performance for the better.

The Business Model for the Sharing Economy between SMEs based on Business Model Canvas (비즈니스 모델 캔버스 기반의 기업 간 공유경제 비즈니스 모델)

  • Woo, Chae-ryeon;Cho, Min-Je;Choi, Hyung-Rim;Lee, Kang-Bae;Kim, Doo-Hwan
    • Journal of Korea Society of Industrial Information Systems
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    • v.21 no.5
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    • pp.41-54
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    • 2016
  • Because of the recession of the world economy, small businesses face with many problems in securing their required labor force, capital, technology, among others. As an alternative to address those difficulties, there is a research to introduce the "sharing economy", which shares and changes resources. However SMEs have difficulties in actually introducing the sharing economy and the introduction of inter-company because sharing economy business models do not exist. This research has presented the business model for the sharing economy that is necessary in the introduction and operation of the said economy among SMEs. In order to design the business model for the B2B sharing economy, this research has drawn the components needed to design the business model through a preceding study on existing business models. Based on this and the preceding study, this research has presented the business model, which can be introduced to the sharing economy among SMEs. In addition Business model presented in this study will be a guideline for introducing shared economic conditions for each SMEs.

Feasibility Analysis and Curriculum Design for the Business Simulation Learning (경영 시뮬레이션 학습의 타당성 분석 및 교수모형 설계)

  • Lee, Jae-Won;Park, Jin- Meyoung
    • The Journal of the Korea Contents Association
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    • v.9 no.8
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    • pp.309-323
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    • 2009
  • Business simulation learning is a business education method of the software applications that applied for the university's management training. Its interest is increasing as management training tools to simulate the virtual enterprise and to learn the business management knowledge, management skills, experience and problem-solving. This research was done for the feasibility analysis and management education model design of the business simulation learning. As a prior research to the introduction and operation of the university's business simulation learning curriculum, the need and literature research on the possibility recognition of classes for college students and corporate executives, a demand survey research and analysis was done and discussed the necessity and possibility of the business simulation learning for the industry and universities education area. In addition, we designed a curriculum of the business simulation learning and presented some of education models of management for the university's management training purpose by using the results of the survey research and literature analysis.

Recent Progress in Advanced LC Mixture Development for TFT LCD

  • Lee, Seung-Eun;Song, Dong-Mee;Kim, Eun-Young;Jacob, Thomas;Czanta, Markus;Manabe, Atsutake;Tarumi, Kazuaki;Wittek, Michael;Hirschmann, Harald;Rieger, Bernhard
    • 한국정보디스플레이학회:학술대회논문집
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    • 2006.08a
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    • pp.159-162
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    • 2006
  • We reviewed our recent advances in LC mixture development identifying the new classes of materials to yield LC mixtures with faster switching times and better reliability

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A Study of the Increasing Returns to Scale in the Internet Business using Non-parametric Analysis Model (비모수 분석모형을 활용한 인터넷비즈니스의 수확체증법칙에 관한 실증연구)

  • Park, Myung-Sub;Seo, Sang-Beom
    • Asia pacific journal of information systems
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    • v.13 no.4
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    • pp.229-255
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    • 2003
  • This article attempts to examine the well-known law that the increasing returns to scale(IRS) is effective in the Internet business. The effect of IRS is one of the hottest issues in the Internet business sector. Many cases and survey studies support the fact that the IRS phenomenon exists in the Internet business. Executives in Internet business generally give a deep trust on this theory. As the Internet business grows, however, the boundary of the business becomes widened and complicated. And each category of Internet business is characterized with a different business style and economic behavior. It may, therefore, be dangerous to accept that the phenomenon of IRS is applied to all areas of Internet business. For this reason, the research for the close look into the IRS phenomenon should provide significant implications for the managers in the Internet business industry. This article divides the internet business into four sub-areas, and analyzes the IRS phenomenon using AHP/DEA-based full ordering technique. Interpretations are given, based upon the research results, for each sub-area of Internet business, as a guideline of setting business strategies for practical managers.